what do you understand primary activities
Answers
Answer:
A primary activity is a type of operation or industry that involves extracting or refining natural resources such as mining, agriculture,fishing,and forestry.
I hope its help you.
Answer:
A primary economic activity is a type of operation or industry that involves extracting or refining natural resources, such as mining, agriculture, forestry, and fishing.
Example
Company P is engaged in mining and extracts oil from oil fields. The primary component of this Company would be the technique and manpower that keep the extraction process going. This activity is a primary sector activity because it deals with extracting natural resources.
Company M, on the other hand, buys raw oil from the miners and processes it into usable fuel, petrol, diesel, edible oils, and lubricants. This would be classified in the secondary sector.
Company S, despite being into the same field, specializes in developing newer technique and approach (courtesy the research and development expertise they have) to better mine and process the proceeds from the oil fields, resulting in direct productivity improvement for the other two. Thus, company S works in the tertiary sector.